Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) Sees Large Increase in Short Interest

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 53 shares. Based on an average daily volume of 2,655 shares, the short-interest ratio is currently 0.0 days.

Caribbean Utilities Price Performance

CUPUF remained flat at $14.70 during trading on Friday. The company’s fifty day moving average price is $14.65 and its 200-day moving average price is $14.16. Caribbean Utilities has a 1-year low of $11.67 and a 1-year high of $15.49.

Caribbean Utilities Company Profile

Caribbean Utilities Company, Ltd. is an electric utility serving Grand Cayman in the Cayman Islands. The company generates, transmits and distributes electricity to residential, commercial and industrial customers across the island.

Its operations include power generation facilities, an electricity transmission network and a distribution system that delivers service to customers throughout Grand Cayman. Caribbean Utilities also supports the integration of renewable-energy resources and customer-owned generation into the island’s electric system.

Founded in 1966, Caribbean Utilities operates as the primary electricity provider on Grand Cayman and is subject to regulation by the Cayman Islands Electricity Regulatory Authority.